Bhopal: Madhya Pradesh Chief Minister Dr Mohan Yadav has welcomed the International Monetary Fund’s (IMF) growth projections for India, stating that the country’s economy is expected to grow at 7 per cent in both 2026 and 2027. He described the projection as a matter of joy and pride, highlighting India’s economic strength and expanding growth opportunities under the leadership of Prime Minister Narendra Modi.
According to the latest World Economic Outlook growth projections released by the IMF, India is projected to record a gross domestic product (GDP) growth rate of 7 per cent in 2026 and 2027. CM Mohan Yadav said the figures reflect the strength of the Indian economy and its growing capabilities in the global economic landscape.
CM Mohan Yadav Praises PM Modi’s Leadership
Chief Minister Mohan Yadav said India’s development journey is progressing steadily at the global level under the leadership and guidance of Prime Minister Narendra Modi.
He stated that the IMF’s growth projections demonstrate the resilience of the Indian economy, its enhanced capabilities and the expanding opportunities for future development.
According to the Chief Minister, the projected growth rate is a matter of happiness and pride for the country and reflects the effective leadership of Prime Minister Modi.
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Economic Reforms and Infrastructure Development Driving Growth
CM Mohan Yadav highlighted the role of economic reforms, infrastructure development and measures to promote investment in creating new opportunities for India’s economic growth.
He said that under Prime Minister Modi’s leadership, these initiatives are helping strengthen the country’s economic foundations and support its continued development.
The Chief Minister also emphasised that India’s growing economic capabilities are contributing to its expanding opportunities and strengthening its position in the global economy.
India Continues Efforts to Become a Developed Nation by 2047
CM Mohan Yadav said India is continuously working towards the goal of becoming a developed nation by 2047.
He noted that the country’s economic progress, supported by reforms, infrastructure expansion and investment promotion, is creating new opportunities to advance this long-term vision.
The IMF’s projected GDP growth of 7 per cent in both 2026 and 2027, as cited by the Chief Minister, reflects optimism about India’s economic outlook and its continued development under the leadership of Prime Minister Narendra Modi.
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